HALISTER1: INDIA RATINGS: JBM MA Automotive, Sudiva Spinners Raised

INDIA RATINGS: JBM MA Automotive, Sudiva Spinners Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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UPGRADES
  • JBM MA Automotive
    • Term loan raised to BBB from BBB- at ICRA
    • Cites healthy growth in revenues, earnings
  • Sudiva Spinners
    • Long-term bank facilities raised to BBB from BBB- at ICRA
    • Cites growth in turnover
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
1325297D IN (Sudiva Spinners Pvt Ltd)

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